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Parallel imported cars have been scrapped, and inventory cars are everywhere, turning from a steady profit to a bankruptcy

author:The Titan Report

In the past, the business of parallel imported cars was quite hot, especially in the port of Tianjin, where many people made a fortune. Stimulated by money, many local car companies have increased their leverage, but now there is a problem of inventory cars everywhere, and many people have no choice but to change careers and owe a lot of foreign debts.

Parallel imported cars have been scrapped, and inventory cars are everywhere, turning from a steady profit to a bankruptcy

In fact, imported cars from the mainland are divided into formal channels and parallel imports. The formal way in is actually through layers of agents to finally sell to consumers, because there are too many links, of course, the price will be expensive.

Parallel imported cars are dealers who buy cars directly abroad, complete a series of inspections and sell them to consumers after being pulled to China, where the dealer level is relatively small, and the price will naturally be more favorable.

Parallel imported cars have been scrapped, and inventory cars are everywhere, turning from a steady profit to a bankruptcy

Most of the parallel imported cars are luxury cars such as off-road vehicles or sports cars, and they must have made a lot of money before, mainly because the price of the car sold abroad was much cheaper than the price of Chinese vehicles, even if a series of things such as transportation fees and tariffs were added, there was no problem in shipping them to China.

For example, the price of the BMW X7 is 1.03 million, but it is only about 520,000 yuan in the United States, and the price of the car dealer in the United States is definitely less than 520,000 yuan, so even if you add all the money, it will definitely make money.

Parallel imported cars have been scrapped, and inventory cars are everywhere, turning from a steady profit to a bankruptcy

But now the situation has changed, for example, the former Toyota Land Cruiser is in big trouble. The price of this car at the port was 1.9 million yuan, but now it can be obtained for only 740,000 yuan, and the price has been reduced by 1.16 million yuan.

The fundamental reason for this is that domestic cars have begun to rise, and China has a large number of models that can compete with Toyota Land Cruiser. People don't need to spend a lot of money to get the same driving experience, so who wants to pay more?

Parallel imported cars have been scrapped, and inventory cars are everywhere, turning from a steady profit to a bankruptcy

For example, the ideal L9 in mainland China only sells for 450,000 yuan, but it also starts at least 1 million yuan in the European and American markets, so they sell the ideal L9 abroad to earn the difference.

In fact, this is caused by the rise of the mainland auto industry. Look at the car showroom in Tianjin Port now, a few years ago it was still crowded, but now it is crowded, which is another evidence of the explosive growth of our Chinese cars in just a few years.

Parallel imported cars have been scrapped, and inventory cars are everywhere, turning from a steady profit to a bankruptcy

It is estimated that in a few years, with the further maturity of Chinese consumers' consumption psychology, the term parallel import car will inevitably disappear in the long river of history.

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